I am already in a bull put spread on BBY and based on the current options price I am considering Bear call spread 42.5/43.5 - looks like I can get 15%
If stock closes above $40.00 I can buy calls and close the position.
X Broke support and trading below all moving averages.
Next target is around 26
On 12/01 Stock gaped down and then came and retest the gap before going down again and breaking support.
Currently at a soft target from the gaps on End July but looks like we can continue down or come back up, test resistance and continue bearish.